Quadria cap picks up minority stake in NephroPlus

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2 weeks ago

NephroPlus, India's largest dialysis chain, has secured $103 million (₹860 crore) in a Series F funding round led by Quadria Capital. This funding, a mix of fresh capital and a secondary sale, aims to drive expansion plans within India and targeted markets overseas. The primary component of the funding is ₹100 crore. Quadria Capital will become a minority shareholder, valuing NephroPlus at over ₹2,000 crore. Existing investors like Bessemer Venture Partners, International Finance Corporation, and IIFL also participated in the funding round, reducing their stakes. Read The Rest at :

Economic Times

Topics:

NephroPlus

Quadria

dialysis chain

Quadria Cap

Bessemer Venture Partners

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